North America Disposable Surgical Devices Market Size & Outlook
North America disposable surgical devices market, 2018-2030 (US$M)
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North America disposable surgical devices market highlights
- The North America disposable surgical devices market generated a revenue of USD 1,720.6 million in 2023.
- The market is expected to grow at a CAGR of 7.8% from 2024 to 2030.
- In terms of segment, surgical sutures & staplers was the largest revenue generating product in 2023.
- Electrosurgical Devices is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 1,720.6 million |
| Market revenue in 2030 | USD 2,906.3 million |
| Growth rate | 7.8% (CAGR from 2023 to 2030) |
| Largest segment | Surgical sutures & staplers |
| Fastest growing segment | Electrosurgical Devices |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Surgical Sutures & Staplers, Handheld Surgical Devices, Electrosurgical Devices |
| Key market players worldwide | B. Braun Medical, B. Braun, Smith & Nephew PLC, Aspen Pharmacare Holdings Ltd, Alcon Inc, Zimmer Biomet Holdings Inc, Medtronic PLC, Becton Dickinson & Co, Johnson & Johnson, The Cooper Companies Inc |
Other key industry trends
- In terms of revenue, North America region accounted for 29.6% of the global disposable surgical devices market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 1,033.2 million by 2030.
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Disposable Surgical Devices Market Scope
Disposable Surgical Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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North America disposable surgical devices market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to disposable surgical devices market will help companies and investors design strategic landscapes.
Surgical sutures & staplers was the largest segment with a revenue share of 44.32% in 2023. Horizon Databook has segmented the North America disposable surgical devices market based on surgical sutures & staplers, handheld surgical devices, electrosurgical devices covering the revenue growth of each sub-segment from 2018 to 2030.
North America held the largest share of the disposable surgical devices market in 2020. This can be attributed to the increasing incidence of chronic diseases, such as cardiovascular & neurological diseases, cancer, diabetes, and autoimmune diseases.
According to WHO, cardiovascular disorders, cancers, and diabetes were responsible for 71% of the total deaths in 2017. The prevalence of cardiovascular diseases is increasing at a high rate owing to sedentary lifestyles and unhealthy dietary habits.
Moreover, with the growing geriatric population, the incidence of orthopedic diseases is also rising, thereby, increasing the need for disposable surgical devices. An increase in the number of surgical procedures due to accidents, burns, and trauma cases is also expected to contribute toward the overall market growth.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America disposable surgical devices market , including forecasts for subscribers. This continent databook contains high-level insights into North America disposable surgical devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America disposable surgical devices market size, by country, 2018-2030 (US$M)
North America Disposable Surgical Devices Market Outlook Share, 2023 & 2030 (US$M)
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